Getty Realty buys 41 stores and raises outlook for Getty Realty stock

Published on 10/01/2026 at 12:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 AFFO rose 14.50 percent to USD 38.90 million. Getty Realty stock costs EUR 24.97 on October 1, 2026 after EUR 25.04, minus 0.28 percent.

GTY, US3742971092, Illustration mit AI erstellt.

Getty Realty (US3742971092) completed a USD 260.90 million acquisition of 41 convenience stores and raised its 2026 AFFO outlook on September 28, 2026, according to StockTitan. The transaction adds four 20-year leases with Refuel Operating Company and expands Getty Realty's convenience and automotive retail footprint.

Acquisition adds long leases

The 41 properties will be leased back to Refuel under four unitary triple-net leases, with renewal options and rent increases every five years. After the transaction, Refuel is expected to represent 7.70 percent of Getty Realty's annualized base rent and rank as its third-largest tenant, StockTitan reports.

Getty Realty said it funded the purchase with forward equity sale proceeds, unsecured debt financing and property dispositions. The company also identified dispositions expected to generate at least USD 50.00 million in gross proceeds, while year-to-date investment reached USD 455.20 million at a 7.10 percent initial cash yield.

Guidance rises after second quarter

The acquisition follows second-quarter 2026 results that included USD 38.90 million of AFFO, up 14.50 percent from the prior-year period, and USD 0.62 of AFFO per share. StockTitan states that full-year 2026 AFFO guidance increased to USD 2.52-2.54 per diluted share from USD 2.50-2.52.

Standard quarterly figures also show USD 59.05 million of revenue and USD 0.36 of diluted earnings per share for the second quarter of 2026. Revenue increased 10.90 percent year over year, while earnings per share came in below the USD 0.37 consensus estimate, according to MarketBeat.

Stock awaits October results

Getty Realty plans to release third-quarter 2026 results after the market closes on October 21, 2026, with a conference call scheduled for October 22, 2026, according to Getty Realty. The portfolio comprised 1,269 freestanding properties across 46 states and Washington, D.C. as of September 22, 2026.

Getty Realty stock was trading at EUR 24.97 at Lang & Schwarz on October 1, 2026 at 12:07 p.m. CEST, down 0.28 percent versus the Lang & Schwarz prior close of EUR 25.04 on September 30, 2026. The primary listing is on the NYSE, where the finance quote showed USD 28.24 at September 30, 2026 at 8:00 p.m. UTC, with a 52-week range of USD 25.39 to USD 36.83 and market capitalization of USD 1.7 billion.